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Southern District Of New York Denies Claims For Investment Banking Fees, Holding That The Engagement Terminated And The "Agreement To Agree" Was Unenforceable

Shearman & Sterling

On August 10, 2018, Judge Jesse Furman of the United States District Court for the Southern District of New York denied claims for advisory fees brought by investment bank Stone Key Partners LLC (together with Stone Key Securities LLC, "Stone Key") against its former client, Monster Worldwide, Inc. ("Monster").

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Southern District Of New York Denies Claims For Investment Banking Fees, Holding That The Engagement Terminated And The "Agreement To Agree" Was Unenforceable

Shearman & Sterling

On August 10, 2018, Judge Jesse Furman of the United States District Court for the Southern District of New York denied claims for advisory fees brought by investment bank Stone Key Partners LLC (together with Stone Key Securities LLC, "Stone Key") against its former client, Monster Worldwide, Inc. ("Monster").

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Barclays goes live as clearing broker for LCH

The TRADE

It became an international service in 2012, following regulatory efforts to enforce the central clearing of certain credit default swaps. LCH – part of the post-trade division of London Stock Exchange Group – has announced that Barclays and Barclays Ireland are now live as clearing brokers at CDSClear.

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Revolutionizing Finance with Quality Management

Peak Frameworks

If you're interested in breaking into finance, check out our , Private Equity Course and , Investment Banking Course , which help thousands of candidates land top jobs every year. In 2012, Microsoft made a significant corporate financial decision — the acquisition of Yammer for $1.2

Finance 52
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How do Banks Make Money? Explanation, Examples

Peak Frameworks

For example, Wells Fargo and Bank of America are giants in this space. Commercial Banks: These cater to businesses, providing loans, treasury, and cash management services. Investment Banks: Institutions like Goldman Sachs and J.P. The profit-making strategies differ across these banks.

Banking 52
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Corporations: Examples, Structures, Pros, and Cons

Peak Frameworks

Corporations can raise funds by selling shares, as Facebook did in its 2012 IPO. Understanding the structure, benefits, and challenges of corporations is key for anyone seeking to make a mark in the field of finance, investment banking, or corporate finance. Capacity to Raise Capital.

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Shareholders vs. Stakeholders - Understanding Corporate Responsibilities

Peak Frameworks

For example, in the 2012 Facebook IPO, common shareholders gained exposure to the tech giant's fortunes, while also securing a say in corporate matters. If you're interested in breaking into finance, check out our , Private Equity Course and , Investment Banking Course , which help thousands of candidates land top jobs every year.